If you’re looking for a successful restaurant for sale in Albufeira, this refurbished and turnkey opportunity is ideal. Located in the bustling 'Strip' area, the restaurant can comfortably serve over 85 guests, making it a popular destination for both locals and tourists. With a proven track record of over 30 years and a great return clientele, this property offers an excellent investment opportunity.
The restaurant spans an area of 80 m², featuring a well-equipped kitchen and ample space, including sunny outdoor terraces for al fresco dining. Just 1.3 km from Praia Da Oura beach, potential clients will enjoy the proximity to both the beach and local amenities.
The bar has an attractive licence to operate from 8 a.m. until 2 a.m. daily, year-round, providing a versatile trading schedule to capitalise on peak tourist seasons. Recently refurbished interiors assure that you won’t need to invest further in renovations any time soon.
With comfortable seating for 35 indoors and 50 outdoors, the venue is perfect for large gatherings, family dinners, or intimate meals. The kitchen is fully equipped with a Zannusi gas oven, griddle, and various essential appliances, ensuring you're ready to trade upon purchase.
For the savvy investor, this property presents significant rental potential and ROI, especially due to its prime location in a high-footfall area.
Don’t miss this opportunity to own a thriving restaurant business in one of the Algarve's prime tourist regions. Contact us now to schedule a viewing!
• Restaurant Area 80m²
• Sunny Outdoor Terraces
• Year of Construction 1990, Recently Refurbished
• In High Tourist Area
• Seating for 85 people
• Fully equipped ready to trade
• 1.3 km to the nearest beach of Praia Da Oura
This highly successful bar has been trading with the same owner for over 30 years with return clientele and families.
It is situated in the prime location of the famous 'Strip' of Albufeira just 1.2 km to the beach and within the town, close to all amenities.
The whole restaurant has been refurbished and painted with new seating and tables throughout. The whole front opens up with sliding doors and windows.
The bar has a licence to trade 8 a.m. until 2 a.m. daily all year round.
All furnishings and equipment are included in the price.
The business consists of:
• 80m² restaurant
• Sunny outdoor terrace
• Seating inside for 35 and outside for 50
• 20m² kitchen fully equipped with Zannusi gas oven and 4 ring hob, double chip fryer - gas 2 x 10 litres, gas BBQ grill, huge gas griddle, one upright fridge and one long fridge, stainless steel counters, double sink and drainage area + staff hand sink.
• Spiral staircase down to 2 x double garage storage including staff room with WC and shower.
• 1000 litre water storage tank and water softener + the beer cooler is here as well as the 'motor' for the long bar fridge so less heat generated upstairs.
• Main restaurant with bar area and 2 WC with own wash basins.
• Fire alarm system.
• Fully licensed from 8am to 2am
Location
• 1.3 km to the nearest beach of Praia Da Oura
• Walking distance to all amenities and beach
• 4 km to the nearest golf course at Balaia
• 34.5 km to Faro international airport
• 3.2 km to the nearest school
